Buying property in Costa Blanca? Discover new 2026 tax reductions, ITP savings, and expert advice for buyers in Ciudad Quesada & beyond.
Buying Property in Costa Blanca? Lower Purchase Taxes from June 2026
If you’re considering buying property in Costa Blanca there’s good news. New tax reductions coming into effect from June 2026 could significantly lower your purchase costs.
Whether you’re searching for a holiday home, investment property, or permanent residence in Spain, understanding these changes could help you save thousands.
As always, your exact tax obligations will depend on your personal circumstances, so it’s important to seek professional advice before proceeding.
New ITP Rates in the Valencian Community for Property Buyers in 2026
The Valencian Community, home to popular areas like Ciudad Quesada, Alicante, Torrevieja, and the wider Costa Blanca, remains one of the most in demand regions for international property buyers.
From 1 June 2026, purchasing a resale property in this region becomes even more attractive thanks to a reduction in Property Transfer Tax ITP.
This government backed initiative is designed to stimulate the Spanish property market, support both local and international buyers, and make buying property in Spain more affordable.
If you’re currently browsing homes, take a look at our latest properties for sale in Ciudad Quesada to see what’s available.
What Are the New Property Tax Rates in Costa Blanca
From 1 June 2026, the following tax reductions apply
Transfer Tax ITP reduced from 10% to 9% on resale properties
Higher rate of 11% applies to properties over €1,000,000
Stamp Duty AJD reduced from 1.5% to 1.4% on new builds
These changes apply to all qualifying property purchases completed after this date.
Additional Tax Benefits for Property Buyers in Spain
Depending on your situation, you may qualify for further tax reductions. This can apply to first time buyers, buyers under a certain age, large families, or those purchasing a primary residence.
Because eligibility depends on personal and financial factors, it’s essential to get tailored advice before committing.
Why This Matters When Buying Property in Costa Blanca
These tax reductions can translate into real savings.
Resale properties offer a saving of 1% on the purchase price
New build properties offer a saving of 0.1% on Stamp Duty
On a €250,000 property, that’s a saving of €2,500, which could go towards furnishing or upgrades.
Find Your Ideal Property in Ciudad Quesada and Costa Blanca
If you’re thinking about making a move, now could be an excellent time to explore the market.
Browse our latest Costa Blanca property for sale including villas, apartments, and new developments in Ciudad Quesada and surrounding areas.
Speak to an Expert About Your Personal Tax Situation
Tax rules in Spain can vary depending on your residency status, purchase type, and personal circumstances.
